- Provide is expiring on January 23, 2025
- Agnico is dedicated to the Provide at $1.67 in money, which represents a 58% premium to O3 Mining’s closing value on December 11, 2024
- 39% of excellent shares of O3 Mining signed lock-up agreements to tender to the Provide
- Provide unanimously advisable by Board and Particular Committee of O3 Mining
- Questions or Want Help? Contact Laurel Hill Advisory Group at 1-877-452-7184 or electronic mail help@laurelhill.com
Agnico Eagle Mines Restricted (NYSE: AEM) (TSX: AEM) (“Agnico Eagle”) and O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining”) present O3 Mining shareholders with a last reminder to tender to Agnico Eagle’s pleasant all money supply to amass 100% of the frequent shares of O3 Mining (“Widespread Shares”) at $1.67 per share (the “Provide”), which is expiring on January 23, 2025 at 11:59 pm (EST) .
Tender Shares for Immediate Fee
O3 Mining shareholders are strongly inspired to tender their Widespread Shares to the Provide previous to January 23, 2025 to make sure immediate receipt of the Provide value of $1.67 per Widespread Share. If the situations to the Provide are happy or waived by the expiry time, Agnico Eagle will take-up and pay for any Widespread Shares tendered previous to expiry by January 28, 2025 .
All administrators and officers of O3 Mining and a number of other of O3 Mining’s largest shareholders, representing roughly 39% of the issued and excellent Widespread Shares, entered into lock-up agreements underneath which they agreed to tender their Widespread Shares to the Provide.
O3 Mining shareholders are inspired to tender their Widespread Shares as quickly as attainable to make sure intermediaries have ample time to course of their requests. The board of administrators of O3 Mining continues to unanimously suggest that O3 Mining shareholders tender their Widespread Shares to the Provide.
Agnico Eagle’s Intentions
Agnico is dedicated to the Provide at $1.67 . Assuming the 66 2/3% minimal tender situation for the Provide is happy or waived, Agnico Eagle intends to finish the Provide and purchase 100% of any remaining Widespread Shares in a second-step transaction. Agnico Eagle is not required to succeed in a 90% tender threshold underneath the Provide to amass 100% of O3 Mining. The closing of the second-step transaction and the fee for any Widespread Shares acquired thereunder will not be anticipated to happen earlier than the second quarter of 2025.
How do I tender my Widespread Shares?
Shareholder Sort |
How do I tender my Widespread Shares? |
Useful Shareholders – Most shareholders |
Contact your financial institution or your dealer |
Registered Shareholders – You are a |
Contact Laurel Hill Advisory Group: Cellphone: 1-877-452-7184 (toll-free) |
If in case you have any questions or require any help with tendering your Widespread Shares to the Provide, please contact our Depositary and Data Agent:
Laurel Hill Advisory Group
North American Toll-Free: 1-877-452-7184
Exterior North America : +1-416-304-0211
E-mail: help@laurelhill.com
Go to us at www.agnicoeagle.com/Offer-for-O3-Mining to obtain essentially the most up-to-date details about the Provide.
About O3 Mining Inc.
O3 Mining Inc. is a gold explorer and mine developer in Québec, Canada , adjoining to Agnico Eagle’s Canadian Malartic mine. O3 Mining owns a 100% curiosity in all its properties (128,680 hectares) in Québec. Its principal asset is the Marban Alliance venture in Québec, which O3 Mining has superior during the last 5 years to the cusp of its subsequent stage of growth, with the expectation that the venture will ship long-term advantages to stakeholders.
About Agnico Eagle Mines Restricted
Agnico Eagle is a Canadian primarily based and led senior gold mining firm and the third largest gold producer on the planet, producing treasured metals from operations in Canada , Australia , Finland and Mexico , with a pipeline of high-quality exploration and growth initiatives. Agnico Eagle is a companion of selection throughout the mining business, acknowledged globally for its main environmental, social and governance practices. Agnico Eagle was based in 1957 and has persistently created worth for its shareholders, declaring a money dividend yearly since 1983.
Cautionary Word Concerning Ahead-Wanting Data
This information launch accommodates “forward-looking info” throughout the which means of relevant Canadian securities laws that’s primarily based on present expectations, estimates, projections, and interpretations about future occasions as on the date of this information launch. Ahead-looking info and statements are primarily based on estimates of administration by O3 Mining and Agnico Eagle, on the time they have been made, and contain recognized and unknown dangers, uncertainties and different components which can trigger the precise outcomes, efficiency or achievements to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking info or statements.
Ahead-looking statements on this information launch embrace, however aren’t restricted to, statements concerning: the Provide, together with the anticipated timing of expiration, mechanics, take up, funding, completion and settlement; the flexibility of Agnico Eagle to finish the transactions contemplated by the Provide; the satisfaction or waiver of the situations to consummate the Provide; a second step transaction pursuant to which Agnico Eagle could purchase 100% of O3 Mining, together with the satisfaction or waiver of the situations to consummate such second step transaction. Materials components or assumptions that have been utilized in formulating the forward-looking info contained herein embrace, with out limitation, the expectations and beliefs of Agnico Eagle and O3 Mining that each one situations to completion of the Provide will likely be happy or waived; the flexibility of Agnico Eagle to amass 100% of the Widespread Shares in a subsequent transaction; the choice by Agnico Eagle to increase, or not, the expiry time of the Provide; that any situations to a subsequent second-step transaction will likely be happy or waived. Agnico Eagle and O3 Mining warning that the foregoing record of fabric components and assumptions will not be exhaustive. Though the forward-looking info contained on this information launch is predicated upon what Agnico Eagle and O3 Mining imagine, or believed on the time, to be cheap expectations and assumptions, there isn’t a assurance that precise outcomes will likely be in line with such forward-looking info, as there could also be different components that trigger outcomes to not be as anticipated, estimated or meant, and neither O3 Mining, nor Agnico Eagle nor another individual assumes accountability for the accuracy and completeness of any such forward-looking info. No assurance might be on condition that these expectations will show to be right and such forward-looking statements included on this information launch shouldn’t be unduly relied upon. O3 Mining and Agnico Eagle don’t undertake, and assume no obligation, to replace or revise any such forward-looking statements or forward-looking info contained herein to replicate new occasions or circumstances, besides as could also be required by relevant legislation. These statements communicate solely as of the date of this information launch.
Neither the TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this information launch. No inventory alternate, securities fee or different regulatory authority has accepted or disapproved the data contained herein.
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SOURCE O3 Mining Inc.
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